If I Could Buy and Hold Only a Single Dividend Stock, This Would Be It.
Dividend investors like me generally want to own financially strong companies with attractive yields supported by sustainable, and perhaps growing, dividends. That's what you'll get with this 5.6%-yielding stock. Here's why I'm thinking about adding more to this investment right now.I have a fairly large portfolio, comprising approximately 34 investments, which span stocks, closed-end funds, exchange-traded funds, and mutual funds. I'm actively trying to slim that list down as I get older, using pooled investment products to maintain diversification while holding a smaller number of high-conviction stocks. As I review my portfolio today, I realize that I have several small holdings that I need to make a decision about. Do I increase my stake or sell?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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